iGen Networks Corp (IGEN)

[Manti]

If I remember correctly they did say that the existing debt would be converted before the rs, and I got the impression that the terms of the arranged financing deal probably require there to be no other outstanding debt to protect the assets that will be used as collateral for the new loan. If you think there is a chance the company is telling the truth this could be a great trade from these levels. If you don't and think they're lying to be able to sell shares into oblivion, then just stay away. I started the whole thing today by buying the first 20 million, I like the chances here. I really didn't expect the others piling on....